R&C Housing Notices Newsletter

48th Edition: 11/20/12-11/30/12

The Reno & Cavanaugh Housing Notices Newsletter contains weekly notices,

proposed rules and relevant information on HUD policy and regulations. For more

information, please visit www.renocavanaugh.com and R&C's Housing Policy

Group's webpage.

News of Note:

1. Neighborhood Stabilization Program (NSP) Closeout Requirements and Recapture. This notice

describes closeout requirements that apply to grantees receiving NSP1, NSP2 and NSP3 grants.

2. For those seeking to finance the development or refinance existing loans for nursing homes and assisted

living facilities, the much anticipated revisions to the section 232 documents proposing revisions to

closing documents for Healthcare Facilities (not Hospitals) were released today in this notice. Comments

regarding these revisions are due December 21st, 2012.

3. Policy for Amended and Restated Use Agreement for Multifamily Projects Subject to the Low-Income

Housing Preservation and Resident Homeownership Act of 1990 (LIHPRHA). This notice explains the

circumstances under which a Use Amendment for a LIHPRHA property may be amended, the amendments

that are allowed and the conditions that must be met to be considered for approval.

4. PIH 2012-48 (HA) provides information to PHAs regarding the ramifications of the repeal of Section 9(k)

of the United States Housing Act of 1937 on Presidentially and non-Presidentially declared

natural disasters.

Here are the housing notices for this week:

NAME OF NOTICE	TITLE	ISSUE DATE OR PAGE NUMBER	INFORMATION
CPD Notices	No new notices
PIH Notices	HUD Funding for Non- Presidentially Declared Natural Disasters	PIH 2012-48 (HA) Issued: November 28, 2012 Expires: This notice remains in effect until amended, superseded or rescinded	This Notice provides guidance to public housing authorities (PHAs) regarding the implications of the repeal of Section 9(k) of the United States Housing Act of 1937 on Presidentially and non-Presidentially declared natural disasters.
Housing Notices	Further Encouragement for O/As to Adopt Optional Smoke-Free Housing Policies	2012-22
	Secondary Financing Eligibility Requirements for Internal Revenue Code (IRC) Section 115 Entities	2012-23
	Collection Procedures for Delinquent Section 202 Direct Loans	2012-24
	Policy for Amended and Restated Use Agreement for Multifamily Projects Subject to the Low-Income Housing Preservation and Resident Homeownership Act of 1990 (LIHPRHA)	2012-25
	Extension of Housing Notice H 2011-25, Enterprise Income Verification (EIV) & You Brochure - Requirements for Distribution and Use	2012-26
	Revised Requirements for Project Capital Needs Assessments, Estimated Reserves for Replacements and Remedies for Accessibility Deficiencies	2012-27
Mortgagee Letters	Secondary Financing Eligibility Requirements for Internal Revenue Code (IRC) Section 115 Entities	2012-24
	Revised Requirements for Project Capital Needs Assessments, Estimated Reserves for Replacements and Remedies for Accessibility Deficiencies	2012-25
Federal Register Notices
Rules and Regulations	Federal Housing Administration (FHA): Temporary Waiver of FHA's Regulation on Property Flipping; Extension of Waiver	PDF \| Text \| More Issued: November 29, 2012 Pages 71099-71101
Proposed Rules	No new notices
Notices	Notice of HUD-Held Multifamily and Healthcare Loan Sale	PDF \| Text \| More Issued: November 23, 2012 Pages 70179-70181
	Notice of Submission of Proposed Information Collection to OMB; Public Housing Mortgage Program and Section 30	PDF \| Text \| More Issued: November 23, 2012 Pages 70175-70176
	Previous Participation Certification	PDF \| Text \| More Issued: November 23, 2012 Pages 70176-70177
	Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark to Market)	PDF \| Text \| More Issued: November 23, 2012 Pages 70177-70178
	Application for the Transfer of Physical AssetsCollection; 30-Day Notice	PDF \| Text \| More Issued: November 23, 2012 Pages 70178-70179
	Requirements for Lead-Based Paint Hazards in Federally Owned Residential Properties and Housing Receiving Federal Assistance	PDF \| Text \| More Issued: November 23, 2012 Pages 70179-70179
	Request for Information on Adopting Smoke-Free Policies in Public Housing Agencies (PHAs) and Multifamily Housing: Reopening of Public Comment Period	PDF \| Text \| More Issued: November 23, 2012 Pages 70181-70182
	Notice of Neighborhood Stabilization Program; Closeout Requirements and Recapture	PDF \| Text \| More Issued: November 27, 2012 Pages 70799-70805
	Final Fair Market Rents for the Housing Choice Voucher Program and Moderate Rehabilitation Single Room Occupancy Program Fiscal Year 2013; Revised	PDF \| Text \| More Issued: November 29, 2012 Pages 71195-71196
	Notice of Proposed Information Collection: Comment Request; Ginnie Mae Multiclass Securities Program Documents (Forms and Electronic Data Submissions); Notice of Proposed Information Collection: Comment Request	PDF \| Text \| More Issued: November 30, 2012 Pages 71433-71435
	Regulatory and Administrative Waivers Granted for Public and Indian Housing Programs To Assist With Recovery and Relief in Superstorm Sandy Disaster Areas	PDF \| Text \| More Issued: November 30, 2012 Pages 71439-71445
	Regulatory and Administrative Waivers Granted for Multifamily Housing Programs To Assist With Recovery and Relief in Sandy Disaster Areas	PDF \| Text \| More Issued: November 30, 2012 Pages 71445-71446

For more information about the attorneys at Reno & Cavanaugh, please follow this link.

Contact: Stephen I. Holmquist, Member: (202) 349-2462 or sholmquist@renocavanaugh.com

Julie S. McGovern, Member: (202) 349-2472 or jmcgovern@renocavanaugh.com

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